Futaba Corporation

Tokyo Stock Exchange 6986.T

Futaba Corporation Interest Coverage Ratio for the year ending March 31, 2024: -15.78

Futaba Corporation Interest Coverage Ratio is -15.78 for the year ending March 31, 2024, a 77.14% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

Futaba Corporation Interest Coverage Ratio for the year ending March 31, 2023 was -69.03, a -32.75% change year over year.
Futaba Corporation Interest Coverage Ratio for the year ending March 31, 2022 was -52.00, a 73.75% change year over year.
Futaba Corporation Interest Coverage Ratio for the year ending March 31, 2021 was -198.10, a 47.45% change year over year.
Futaba Corporation Interest Coverage Ratio for the year ending March 31, 2020 was -376.96.

Key data

Date	Interest Coverage Ratio	Debt to Equity Ratio	Interest Expense To Sales	Inventory Turnover Ratio

Tokyo Stock Exchange: 6986.T

Futaba Corporation

CEO	Mr. Motoaki Arima
IPO Date	Jan. 1, 2001
Location	Japan
Headquarters	629 Oshiba
Employees	2,997
Sector	Technology
Industries Hardware & Electronics 3D Printing Automotive Parts Internet of Things (IoT) Machinery

Description

Futaba Corporation designs, develops, manufactures, and sells electronic equipment, radio control equipment, and manufacturing equipment in Japan, the United States, Europe, and Asia. It operates through Electronic Devices; and Machinery and Tooling segments. The company provides organic light-emitting diode displays, USB displays, LCD modules, display modules, electronic modules, radio control equipment for industrial and hobby use, and touch panels; and engines and parts for models and robots. It also offers components for press die sets and plastic molds, mold bases, precision plates, and in-cavity measuring systems, as well as automation equipment; and touch sensors and molding rationalization equipment. Futaba Corporation was incorporated in 1948 and is headquartered in Mobara, Japan.

Key trends

Past 5 years